Lenders will get 7.6 per cent stake in Jharkhand-based steel mill Electrosteel if Vedanta’s bid to take over the company goes through.
Farmers giving away land for the Mumbai-Ahmedabad bullet train will get an additional 25 per cent of the market value of the land over and above the compensation they were entitled to, the Railways said today
The National Rail Museum will keep its doors open till 9 PM from tomorrow in a bid to increase footfalls at the countrys premier custodian of railway heritage, a senior official of the railways said today.
Tesla Inc Chief Executive Elon Musk’s refusal to take questions from analysts about the electric car maker’s financial condition drew sharp criticism from Wall Street analysts and investors on Thursday, pushing its stock down 7 percent.
State-owned Egyptian Electricity Holding Company (EEHC) is raising a syndicated loan of up to around $700 million with Credit Suisse and HSBC leading the deal, banking sources said.
A subsidy scheme for promoting solar power equipment manufacturing is awaiting approval of the finance ministry while another one that offers assured power offtake to manufacturers is embroiled in World Trade Organisation (WTO) regulations.
Power utility Punjab State Power Corporation Limited (PSPCL) today said it has achieved significant reduction in losses through a series of strategic initiatives taken during 2017-18.
Buoyed by the rising demand for electric vehicles on the back of government push, JSW Energy today announced an increased capex plan of Rs 6,500 crore for the new venture, as it plans to launch electric buses and light pick-up trucks apart from cars.
The Andhra Pradesh government today said it planned to generate an additional 2,560 MW of power by the financial year 2022 to meet the anticipated load growth, though it has a surplus as of now.
State-run power giant NTPC targets a revenue of Rs 85,500 crore from operations and generation of 268 billion units of electricity in the current fiscal, according to an MoU signed by the PSU with the Power Ministry.